New Approach to Developing Conceptual Cost Estimates for Highway Projects
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Material Type |
Article
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Author(s) |
El Asmar, Mounir (Author)
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Source Journal Info. |
Title:
Journal of Construction Engineering and Management
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Volume/ Issue No.: 2011/NOV V.137 N.11
Call No.:624.05 JCE Location: Periodicals & References Hall - 2nd floor
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Physical Description |
p 942-949
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Subject Area/ Descriptors |
Engineering
(39711)
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Abstract |
Developing a reliable project cost estimate is a challenge for any state highway agency (SHA), especially at the conceptual stage. A conceptual estimate is defined in this paper as the estimate prepared at the point at which only 30% of the design is complete. This paper describes a statistical approach to producing a reliable conceptual cost estimate when few project design details have been finalized and many assumptions still form the basis of the estimate. ...
Full Abstract
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Journal:
Journal of Construction Engineering and Management
(139)
Issu: 2011/NOV V.137 N.11
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